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Positive Money’s submission to the Treasury Select Committee on the effectiveness and impact of post-2008 UK monetary policy

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The House of Commons Treasury Select Committee is undertaking a landmark inquiry into monetary policy. Our aim is to persuade the committee to acknowledge monetary policy’s bad side-effects and to consider the benefits of fairer and more sustainable monetary policy tools. With this in mind, we coordinated a joint letter from over 40 leading economists, as well as a statement from nearly 10,000 people.

James MurrayThe above article mentions and seems to support the Asian Tigers' use of Strategic QE and the link to the New Economics Foundation article sees it promote the formation of a Monetary Allocation Committee to decide which sectors to focus on to spend the new Public Money.This pointed investment was in...

Yesterday

James MurrayYes, well thanks Chris.I must tell you that, to my untrained eye, your above post suffers from a lack of clear relevance to the PM situation.And I read your linked article and again at the end was no wiser .You lost me when you asked why central banks involve themselves in credit creation if they ca...

Yesterday

Lucian AerisThe bottom line is we need to take the power to create money away from commercial banks. Everything stems from this, and this is what PM was set up to achieve....

6 days ago
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Vince RichardsonHere is yet another way the banks punish those least able to afford it.https://www.theguardian.com......

3 days ago

Hugh BarnardThat's 'meet' not 'meat', though they may use it to put meat on the table....

2 weeks ago
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